Wealth is How You Feel

With Brazil hosting the World Cup and clearly looking for more from their economy and society, this is a good piece to re-run from last year.

Around the world, two stories have been consistent since 2008 – the developed world is struggling with a depression while the developing world largely charges ahead.  The two worlds have never been so far apart as the careen towards similarity.  But in this hemisphere, three stories have come to show where it all comes together – how “wealthy” is what a nation feels more than how it is.

Forget how Japan and Europe are wallowing in desperation for a while – on this side of the big ponds things are happening.  It may be slower than anyone wants, but change is happening.  The reactions to that change show that my favorite saying is still true – that while people are people, cultures are cultures.  Wealth, or at least the feeling of wealth, is a state of mind.

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Brazil Comes of Age

When Brazil scored the 2014 World Cup, due to start next week, it seemed like a perfect plan. The nation, famous for its futbol fever and great parties was due for a coming out festival to celebrate its arrival as the developing nation of the moment – newly booming and ready to show the world that the future had finally arrived. The decision in 2010 was a an easy one.

Sadly, it’s still Brazil after all. Promises have gone unrealized and the people have turned sour on it in a way that no one could have ever predicted. But even this is a major milestone for the nation as it lurches ahead to developed nation status. What exactly will come of it won’t be realized until after the crowds have gone home, but we can say that Brazil, while not as wealthy as it would like to be, has a new-found purpose that can’t be quenched with just another big show.

Continue reading

Wealth is How You Feel

Around the world, two stories have been consistent since 2008 – the developed world is struggling with a depression while the developing world largely charges ahead.  The two worlds have never been so far apart as the careen towards similarity.  But in this hemisphere, three stories have come to show where it all comes together – how “wealthy” is what a nation feels more than how it is.

Forget how Japan and Europe are wallowing in desperation for a while – on this side of the big ponds things are happening.  It may be slower than anyone wants, but change is happening.  The reactions to that change show that my favorite saying is still true – that while people are people, cultures are cultures.  Wealth, or at least the feeling of wealth, is a state of mind.

Continue reading